When you stop pedaling, you will fall over and crash.  

I am not sure if another housing crash comparable to the last one is possible.

@Rachel LiuThere's many posts on bigger pockets about next crash, and the pros and cons.

However, lots of prospective buyers on the fence are afraid that the market is "overheated" or just "bound to crash".

DH and I bought our first home at age 22-- then the market crashed in our area and it was worth half what we owed on the mortgage :crying: It took years for things to turn around.

I mean that they owe the mortgage company MORE than what their house is worth . . . actually this phenomenon has become an epidemic . . . as housing prices in many parts of the country have literally crashed, hundreds of thousand of homeowners have discovered that they cannot sell their house for enough to pay off the bank . . . the the new found popularity of the short sale.

I'm tired of these "crash courses" on being an REO

At best, I have some thoughts on what contributed to the problem.After the dot com crash, the economy was headed into the toilet.

The neighborhoods were lower end, AND every one of these houses was leased, several were Section 8, etc.This crash of 11 deals blindsided me.

I would then hold off on doing anything as there is usually a 10 year adjustment in real estate, some say its a bubble, crash, whatever you determine to define it as.